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Investing money: Stocks, bonds, ETFs, options: That's how it works with making extra money without a job

Do nothing and the money still flows: In order for the promise of passive income to come true, it is necessary to avoid common mistakes - and to say goodbye to an illusion.

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Investing money: Stocks, bonds, ETFs, options: That's how it works with making extra money without a job

Psychologists note that the idea of passive income triggers feelings of happiness in the brain. According to Psychologist Valentin Haas, the concept of passive income combines three desires: security, freedom, and relief. The thought of achieving passive income can cause a brief sense of relief and the release of dopamine, even if the situation hasn't changed.

Many self-proclaimed financial strategists on social media promote their ideas for passive income, often making promises that seem too good to be true. Experts suggest that achieving passive income through investments, such as bonds, dividend-paying stocks, and funds, is possible but requires careful consideration of several factors.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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